Earnings Recap - April 01, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$AQMS** - Aqua Metals, Inc. reported strong Q4 2025 results, with shares surging 12.53% to $4.22. The company’s earnings call highlighted operational improvements and a positive outlook on recycling technology adoption. **$ARM** - Arm Holdings saw an 11.71% jump to $153.00 after reporting robust earnings, driven by strong demand for its semiconductor IP amid AI and mobile growth. **$AVGO** - Broadcom gained 6.64% to $312.90 following solid Q4 results and upbeat guidance, benefiting from diversified semiconductor demand. **$BBAI** - BigBear.ai Holdings surged 19.08% to $3.62 despite recent volatility, supported by AI-driven analytics growth and contract wins. **$BHST** - BioHarvest Sciences rose 2.58% to $4.38 on encouraging Q4 earnings call commentary, emphasizing pipeline progress. **$BHVN** - Biohaven Pharmaceuticals jumped 6.06% to $8.58 after positive data releases and pipeline updates. **$C** - Citigroup rallied 6.38% to $114.11, buoyed by strong Q1 earnings and improved credit conditions. **$CFG** - Citizens Financial Group climbed 5.05% to $60.35 on solid earnings and dividend declaration. **$COGT** - Cogent Biosciences advanced 8.76% to $38.49 after beating revenue estimates and providing optimistic guidance. **$DUOT** - Duos Technologies Group surged 11.68% to $7.03, reflecting strong Q4 earnings and contract wins in security tech. **$EDBL** - Edible Garden AG jumped 10.77% to $1.06 following Q4 earnings beat and growth outlook. **$FDS** - FactSet Research Systems gained 6.08% to $216.99, supported by extended share buyback program and strong subscription revenue. **$FIG** - Figma (FIG) shares rose 5.80% to $21.33 after initiating coverage with a ‘Perform’ rating, highlighting AI integration potential. **$FTNT** - Fortinet increased 3.76% to $82.02 on strong earnings and AI-driven security solutions demand. **$GOOGL** - Alphabet climbed 5.88% to $289.58, boosted by AI product traction and advertising growth. **$GS** - Goldman Sachs rose 5.86% to $854.93 on strong investment banking fees and trading revenue. **$HOOD** - Robinhood jumped 8.79% to $70.89 after reporting better-than-expected user growth and revenue. **$INFY** - Infosys gained 1.81% to $13.49 on acquisition news and steady IT services demand. **$INTC** - Intel surged 6.99% to $44.07, reflecting optimism about chip cycle recovery and AI investments. **$JPM** - JPMorgan climbed 4.38% to $296.19 on strong earnings and trading performance. **$KBR** - KBR rose 4.61% to $37.46 after announcing AI capabilities expansion and contract wins. **$KSCP** - Knightscope surged 25.18% to $4.25 on strong Q4 earnings call and growth in security robotics. **$LUMN** - Lumen Technologies jumped 10.03% to $7.03, supported by board changes and AI infrastructure investments. **$MDBH** - MDB Capital Holdings edged up 1.71% to $2.98 on Q4 earnings call showing steady growth. **$META** - Meta Platforms soared 7.42% to $576.20 amid AI-driven ad revenue growth and cost controls. **$METC** - Ramaco Resources surged 8.11% to $15.60 on operational improvements and energy demand outlook. **$MU** - Micron Technology gained 7.88% to $347.15, reflecting strong memory demand and AI-related growth. **$NIO** - NIO jumped 13.04% to $6.23 after reporting a rebound in China EV deliveries. **$NNDM** - Nano Dimension rose 4.91% to $1.71 on Q4 earnings call highlighting 3D printing tech progress. **$NUVB** - Nuvation Bio gained 9.38% to $4.43 following EMA validation for key drug candidate. **$OMER** - Omeros Corporation surged 13.66% to $11.15 on positive clinical trial updates. **$ONON** - On Holding increased 5.24% to $33.55 after strong Q4 results and store expansion. **$ORCL** - Oracle jumped 7.90% to $149.77 on plans to cut thousands of jobs and invest in AI capacity. **$PGEN** - Precigen surged 19.08% to $3.87 after launching new immunotherapy product. **$PLAY** - Dave & Buster's soared 14.54% to $11.50 following strong Q4 earnings and upbeat guidance. **$PLTR** - Palantir Technologies rose 7.74% to $148.19 on military AI contract wins. **$PLUG** - Plug Power gained 6.53% to $2.28 on continued growth in hydrogen fuel cell deployments. **$RBLX** - Roblox climbed 9.81% to $57.00 on user engagement growth and monetization improvements. **$SNAP** - Snap surged 15.67% to $4.65 after beating revenue estimates and AI feature rollouts. **$STX** - Seagate Technology jumped 10.37% to $400.00 on strong data storage demand. **$TSLA** - Tesla rose 6.24% to $377.46 despite expectations of Q1 delivery dip, supported by China EV sales rebound. **$TSM** - Taiwan Semiconductor surged 8.14% to $342.25 on plans for 3-nm chip production in Japan. **$TXN** - Texas Instruments gained 4.76% to $195.30 on strong analog chip demand. **$U** - Unity Software jumped 8.13% to $22.21 after positive AI integration commentary. **$UNH** - UnitedHealth climbed 4.37% to $273.22 on margin outlook improvements. **$WFC** - Wells Fargo rose 4.75% to $80.45 on attractive valuation and earnings beat. **$XBP** - XBP Global Holdings surged 17.50% to $4.70 on strong Q4 earnings call. ### Misses & Negative Reactions **$RH** - RH (Restoration Hardware) plunged 17.82% to $108.50 after missing Q4 earnings and issuing weak Q1 guidance amid housing market softness. **$NKE** - Nike dropped 9.13% to $46.56 following a disappointing outlook and ongoing China sales challenges. **$ORIC** - ORIC Pharmaceuticals fell 12.31% to $10.69 on dose optimization data that raised concerns about Phase III trial design. **$CVX** - Chevron declined 3.55% to $203.24 despite being involved in a potential $7 billion power deal with Microsoft, pressured by oil price volatility. **$DOW** - Dow Inc. dropped 3.75% to $40.30 on margin pressure and cost headwinds. **$HSY** - Hershey fell 3.07% to $207.00 after mixed Q4 results and cautious outlook. **$CAG** - Conagra Brands declined 1.87% to $15.44 after narrowing guidance and missing estimates. **$DFS** - Discover Financial Services slipped 1.19% to $198.10 on mixed credit trends. **$KULR** - KULR Technology edged down 1.38% to $2.14 despite Q4 earnings call. **$SPWH** - Sportsman's Warehouse fell 1.54% to $1.28 on earnings call showing margin pressures. **$BRO** - Brown & Brown was flat, down 0.08% to $65.21, reflecting slow organic growth. **$KO** - Coca-Cola dipped 0.49% to $75.90 despite plans for $1 billion investment in South Africa. **$VZ** - Verizon declined 0.74% to $49.93 despite dividend yield over 5%. **$COST** - Costco was nearly flat, down 0.22% to $994.36, showing resilience amid retail headwinds. ## Reporting Today Companies expected to report earnings today: - **$LRCX** - Lam Research - Before market - Watch for semiconductor equipment demand and margin trends. - **$MMM** - 3M - Before market - Key metrics include industrial sales growth and cost management. - **$F** - Ford Motor - Before market - Focus on EV deliveries and profitability. - **$HD** - Home Depot - Before market - Monitor same-store sales and housing market impact. - **$TGT** - Target - Before market - Watch for retail sales trends and margin guidance. - **$WFC** - Wells Fargo - Before market - Earnings momentum and credit quality. - **$BAC** - Bank of America - Before market - Loan growth and trading revenue. - **$BLK** - BlackRock - Before market - Asset under management trends and fee growth. - **$MS** - Morgan Stanley - Before market - Investment banking and wealth management revenue. - **$GS** - Goldman Sachs - Before market - Trading revenue and deal pipeline. - **$C** - Citigroup - Before market - Credit trends and capital return plans. - **$JPM** - JPMorgan Chase - Before market - Trading and loan growth. - **$CRM** - Salesforce - After market - Subscription revenue and AI product adoption. - **$ORCL** - Oracle - After market - Cost cuts and AI investments. - **$META** - Meta Platforms - After market - Ad revenue and AI monetization. - **$NVDA** - Nvidia - After market - GPU sales and AI demand. - **$PLTR** - Palantir - After market - Military AI contracts and revenue growth. - **$SNAP** - Snap - After market - User growth and AI features. - **$TSLA** - Tesla - After market - EV deliveries and China sales. - **$NIO** - NIO - After market - China EV sales rebound. - **$MU** - Micron Technology - After market - Memory demand and AI impact. - **$FND** - Floor & Decor - After market - Retail expansion and sales growth. - **$FIG** - Figma - After market - AI integration and subscription growth. - **$PLAY** - Dave & Buster's - After market - Consumer spending and margin trends. - **$XBP** - XBP Global Holdings - After market - Earnings and growth outlook. - **$PGEN** - Precigen - After market - Immunotherapy launch and revenue. - **$OMER** - Omeros Corporation - After market - Clinical trial progress. ## Earnings Themes - Revenue growth is broadly driven by AI-related demand across tech and semiconductor sectors, with companies like **$NVDA**, **$META**, **$PLTR**, and **$ARM** benefiting from strong AI adoption. - Margin expansion is evident in semiconductor equipment and software firms such as **$LRCX** and **$FDS**, while consumer discretionary names like **$RH** and **$NKE** face margin pressures due to supply chain and demand softness. - Guidance sentiment is mixed: tech and financials are generally raising or confirming outlooks, while retail and energy-related companies show caution amid macroeconomic and geopolitical uncertainties. - The banking sector shows resilience with strong trading and loan growth, supporting positive earnings momentum for **$JPM**, **$GS**, and **$BAC**. - Retailers like **$TGT** and **$HD** will be closely watched for signs of consumer spending strength or weakness amid inflation and housing market concerns. ## Earnings Trade Ideas 1. **$META** and **$ORCL**: Both companies are leveraging AI to drive revenue growth and cost efficiencies. With Meta’s strong ad revenue and Oracle’s job cuts to fund AI capacity, these stocks could benefit from sustained AI investment momentum and margin improvement. 2. **$RH** and **$NKE**: Given their recent earnings misses and negative guidance, these consumer discretionary names may present short-term downside risk or a potential value entry point if turnaround strategies gain traction. Monitor closely for any signs of stabilization in housing and China sales respectively.